22, THE AVENUE, HAMBROOK, CHICHESTER, PO18 8TY - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 THE AVENUE is a very small extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £325,000 in November 2012, which was around 29% below the average November 2012 detached price in the Chichester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

22 THE AVENUE Sold Prices

Land registry data shows three sales for 22 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 22 THE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 23 NOV	£325,000	£456,132	29% below HPI
2009 31 JUL	£195,000	£383,645	49% below HPI
1995 28 FEB	£66,000	£129,872	49% below HPI

22 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 22 THE AVENUE sales between February 1995 and November 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2009 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2012 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 22 THE AVENUE?

22 THE AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where 22 THE AVENUE lies on this distribution: 17% of detached houses are smaller than 22 THE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

22 THE AVENUE: Plot and Title Map

22 THE AVENUE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 22 THE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 THE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 THE AVENUE?

22 THE AVENUE is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 22 on THE AVENUE.